1567 Karr Street
Springfield, OH 45503

  • – beds
  • – baths
  • 1,553 sqft
  • 11,761 sqft lot
  • $134 per sqft
  • 1918 build
  • on site

Prime investment opportunity: Fully occupied turnkey triplex, with great tenants! perfect for new investors or portfolio expansion. Boasts an impressive 9.88% capitalization rate ensuring a lucrative and hassle-free investment . Two units were completely renovated, with added washer and dryer. Unit breakdown: Unit 1: Currently rents at $500 with substantial potential for upside and rent increase. Unit 2: A fully renovated 1BR & 1Bath, currently rented at $800. Unit 3: Another fully renovated 1BR & 1Bath, commanding a rent of $750.Key features include a relatively new roof (5-6 years old), recently installed gutters, and new water heaters. The property is furnace-free, minimizing maintenance concerns. Very low overhead, Owner bears only water and trash. Do not miss this opportunity.

Columbus Board of Realtors logo Listing courtesy of CBRMLS / Shay Sharaby, (203) 520-9620 / RE/MAX Main Street, (614) 545-3500

Last checked: Checking… • Last updated Jan 24, 2024 •

MLS# 224001196 —

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Sale history

Date Event Source Price % Change
1/24/24
Price Changed CBRMLS $209,000 -4.6%
1/21/24
Price Changed CBRMLS $219,000 -4.4%
1/12/24
Listed / Active CBRMLS $229,000

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Listing provided by broker:

Shay Sharaby

RE/MAX Main Street

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This multifamily located in Springfield, OH 45503 is currently for sale for $209,000. 1567 Karr Street is a 1,553 square foot multifamily with – beds and – baths that has been on Estately for 114 days. This multifamily is in the attendance area of Kenton Elementary School, Roosevelt Middle School, and Springfield High School.

Columbus Board of Realtors logo Listing Courtesy of: CBRMLS and RE/MAX Main Street.

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